Which of the following is not an objective of financial reporting?
a. To reflect prospective cash receipts to investors and creditors.
b. To reflect prospective cash flows to an enterprise.
c. To reflect resources and claim to resources.
d. To reflect current stock prices and information concerning stock markets.
d
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The ability to recognize and deal with one’s own emotions, as well as the emotions of others is known as ______.
a. emotional stability b. emotional intelligence c. neural emotional feedback d. neural emotional stability
Good business communication skills ________
A) can have a positive impact on your life outside of work B) will help you advance in your career but will hinder your personal relationships C) will improve personal relationships, although they offer no financial benefits in your personal or professional life D) are inapplicable to your personal life E) are not worth the investment of time and energy necessary to acquire them
John Crichton applied for a trademark logo at the U.S. Patent and Trademark Office for his new startup company, stating that he would use the logo in commerce within the next six months. After six months, he had not yet used the logo. Which of the following options does trademark law allow John Crichton so that he can retain his logo until he uses it in commerce?
A. Pay a fine so that the trademark gets registered immediately. B. Change the logo slightly and reapply for the modified logo. C. Cancel the current application and re-apply for the same logo. D. Apply for a six-month extension to use the logo in commerce.
Which of the following statements about claim settlement is (are) true?
I. The fair payment of claims requires an insurer to adopt a very liberal claims policy. II. To prevent lawsuits, an insurer should provide no personal assistance to a claimant other than that which is required by contractual obligations. A) I only B) II only C) both I and II D) neither I nor II